This 7.16-acre retail development is situated on Prince Albert’s main Retail Corridor of 15th Street East with an average daily traffic count of over 28,000 vehicles. A tenant mix of national retailers including SaveOn Foods, Dollar Tree, PetSmart, Party City and 5Buds comprises 95% of the tenancy. Completed in 2017, Prince Albert Crossings has 12.5-year WALT and weighted average minimum rent of $18.08 PSF.
Neighbouring national tenants to this site include Walmart, Superstore, Rona, Princess Auto and Shoppers Drug Mart. Prince Albert draws a secondary market trade area extending to the north border of Saskatchewan and into areas of Manitoba with a consumer base of close to 200,000 people.
TOTAL BUILDING SIZE
±7.16 acres (±311,889.6 SF)
$23,950,000.00. ($291.38 PSF)
PROJECTED NET OPERATING INCOME
(details available upon signing a non-disclosure agreement)
328 paved stalls (4.2 per 1000 SF)
• ±28,000 average daily vehicle traffic
• ±730 FT frontage along Prince Albert’s retail corridor
Surface Parcel 164153145
To be arranged